Title
Authorizing the acceptance of funds for the Emergency Solutions Grant for HUD FY 2015, and amending the financing and spending plans in the Planning and Economic Development department in the amount of $229,908.
Body
WHEREAS, the Council of the City of Saint Paul did approve, upon recommendation of the Mayor, the FY 2015 Community Development Block Grant, HOME, and Emergency Solutions Grant programs ("2015 Programs") as part of the 2015 grants budget; and
WHEREAS, by Resolution 15-584, the Council of the City of Saint Paul authorized the proper City officials to execute grant agreements and contracts between the U.S. Department of Housing and Urban Development ("HUD") and the City of Saint Paul ("City") for the 2015 Programs; and
WHEREAS, during the 2015 budget process, the Council of the City of Saint Paul approved the estimated financing for the 2015 ESG Program in the amount of $350,000; and
WHEREAS, on June 18, 2015, proper City officials executed the grant agreement between HUD and the City in the amount of $579,908 for the 2015 Emergency Solutions Grant Program ("ESG Program"); and
WHEREAS, the Mayor, pursuant to Section 10.07.1 of the Charter of the City of Saint Paul, does certify that there are available for appropriation, funds of $229,908 in excess of those estimated in the 2015 grant budgets;
NOW THEREFORE BE IT RESOLVED, that upon recommendation of the Mayor, the City Council adopts the changes to the FY 2015 ESG budget, as noted in the attached financial analysis.
Financial Analysis
See Attachment.